Jose Felix


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Jose Felix
Location: Ayacucho, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $975.00
Loan Use: Buy baby clothes wholesale to resell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 1, 2008
Date Disbursed: Nov 21, 2008
Date Funded:Dec 16, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD



Jose Felix is a member of the Generosidad (Generosity) Village Bank. He is 37 years old and lives alone in a room he rents in the city of Ayacucho. Jose sells baby clothes in bulk. He buys the clothes in Lima, and then sells them in Ayacucho and in other cities and towns all across Peru. He travels by bus with his wares from town to town; when he is in Ayacucho, he sells clothing from a space in his cousin’s shoe store.


Jose is requesting a loan of $975 (4,000 soles) to buy more clothing to sell during the Christmas season, when his sales usually double.
This is Jose Felix’s fourth loan with the Generosidad Village Bank. His dream for the future is to open a store of his own in Ayacucho.


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Journal entries for Jose Felix


Loan has been disbursed
 
Entrepreneur: Jose Felix
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Jose Felix by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Dec 17, 2008
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Kiva Help Repayment Schedule for Jose Felix

  Expected Repayments Actual Repayments Comments
February 2009 $243.75 $243.75 Repayment Received
March 2009 $243.75 $243.75 Repayment Received
April 2009 $243.75 $243.75 Repayment Received
May 2009 $243.75 $243.75 Repayment Received